Category Archives: Energy

The polite term for this is ‘fencing’

Argentina is already looking for a buyer for the half of YPF that they just stole from Repsol. Argentina Seeks Partner for YPF to Invest $10B The Argentine government is looking to seduce major international oil companies to invest some … Continue reading

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Feds say natural seep is likely source of Gulf oil sheen. #rsrh

http://fuelfix.com/blog/2012/04/13/feds-say-natural-seep-is-likely-source-of-gulf-oil-sheen/ Naturally seeping oil from the seafloor is the likely culprit behind a 10-mile sheen discovered in the central Gulf of Mexico earlier this week, federal officials said Friday. The Interior Department’s Bureau of Safety and Environmental Enforcement said in … Continue reading

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A Little Perspective, Please.

Exxon’s top exec got a 17pct. pay raise in 2011 Exxon Mobil gave its top executive a 17 percent increase in compensation last year, as the oil giant posted one of its most profitable years on record. Rex Tillerson, 60, … Continue reading

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WSJ: New Life for the Gulf’s ‘Dead Sea’. #rsrh | But the rigs in the pic are stacked…

…”stacked” as in “not currently working”. http://online.wsj.com/article/SB10001424052702304072004577326284166231336.html Link may require subscription/prescription.

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Why Obama deserves little credit for U.S. oil and gas boom. #rsrh

Energy Fact of the Week: Why Obama deserves little credit for U.S. oil and gas boom From Steven F. Hayward at the American Enterprise Institute Oil: Gas:

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Fracking is Blamed for … Well, Everything, Really.

Blaming natural phenomena on fracking is this year’s fad, reminiscent of the mood ring, the pet rock or Anthropogenic Global Warming. Item 1. Vice-President of the United States Joe Biden may not know what hydrofracking is, but he does know … Continue reading

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Another DoE loan goes bad; what’s $279 M among friends? #rsrh

http://wattsupwiththat.com/2012/04/04/battery-karma-taxpayers-green-investment-in-battery-company-withers/#more-60731 A123 Systems – the taxpayer-funded electric vehicle battery manufacturer that famously shipped duds to Fisker Automotive, which caused one of its luxurious Karma EVs to shut down just before a Consumer Reports test – is now the defendant in … Continue reading

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Obama’s Magical Misery Energy Tour #rsrh

From The Energy Tribune: Obama’s Fake “Fossil Fuel Infatuation Tour” President Obama must really be feeling the heat of high gasoline prices. He is on the defense. For the past three years, America’s oil industry has endured public denigration, access … Continue reading

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Clintonville WI is about as remote from #oilandgas #fracking operations as possible. #booms #rsrh

From Baker Hughes’ Rig Locator: http://gis.bakerhughesdirect.com/RigCounts/default2.aspx Clintonville, WI is about as remote from oil and gas drilling operations as it is possible to be in the Lower 48 States. The nearest operating rig is in Michigan, some 200 miles away. … Continue reading

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Ministry of Truth Begins the ‘Rehabilitation’ of Obama’s Energy Record

What better place to start the correction of history than in the pages of The New York Times: U.S. Inches Toward Goal of Energy Independence Taken together, the increasing production and declining consumption have unexpectedly brought the United States markedly … Continue reading

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